How much do SBA lenders typically lend to a frozen fruit, juice, and vegetable manufacturing business?

The median SBA approval in NAICS 311411 is $350,000, with the middle 80% of loans between $30,000 and $2,578,000. Across all industries the median is $180,000.

Which lenders are most active in frozen fruit, juice, and vegetable manufacturing?

By dollars approved: Peoples Bank, BMO Bank, BayFirst National Bank, Newtek Small Business Finance, Inc., Indiana Statewide Certified Development Corporation. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

Is frozen fruit, juice, and vegetable manufacturing considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 2.1% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 311411 · Manufacturing

SBA loans for frozen fruit, juice, and vegetable manufacturing

111 SBA loans worth $98.7M have been approved in this industry since FY2010 - the #664 most-financed NAICS code in the country.

Median loan

$350,000

+94% vs all industries

Typical range

$30K-$2.6M

Middle 80%

Median rate

6.45%

7(a) initial note rate

Median term

10 yr

Charge-off rate

2.1%

vs 7.6% all industries

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Lenders

Most active in this industry

Lender	Loans	Approved
Peoples Bank	6	$7.7M
BMO Bank	1	$4.9M
BayFirst National Bank	2	$4.7M
Newtek Small Business Finance, Inc.	2	$4.2M
Indiana Statewide Certified Development Corporation	1	$4.2M
Mountain West Small Business Finance	3	$4.1M
Old National Bank	1	$4.1M
Small Business Growth Corporation	1	$4.0M
Capital Certified Development Corporation	2	$3.8M
VelocitySBA, LLC	3	$3.4M

Geography

Where these loans were made

State	Loans	Share
California	15
Georgia	8
Michigan	7
Texas	6
Florida	6
New York	6
Utah	5
Massachusetts	5

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

’24

’25

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
15%
$50K - $150K
17%
$150K - $350K
16%
$350K - $1M
23%
$1M - $2M
11%
Over $2M
17%

Nearby

Other manufacturing industries

See the sector

Breweries4,377 · $265,000 Retail Bakeries2,557 · $150,000 Commercial Bakeries1,411 · $150,000 Wineries1,122 · $210,000 All Other Miscellaneous Food Manufacturing1,008 · $300,000 Coffee and Tea Manufacturing804 · $127,750 Apparel Accessories and Other Apparel Manufacturing782 · $200,000 Distilleries769 · $250,000

Common questions

How much do SBA lenders typically lend to a frozen fruit, juice, and vegetable manufacturing business?: The median SBA approval in NAICS 311411 is $350,000, with the middle 80% of loans between $30,000 and $2,578,000. Across all industries the median is $180,000.
Which lenders are most active in frozen fruit, juice, and vegetable manufacturing?: By dollars approved: Peoples Bank, BMO Bank, BayFirst National Bank, Newtek Small Business Finance, Inc., Indiana Statewide Certified Development Corporation. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
Is frozen fruit, juice, and vegetable manufacturing considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 2.1% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

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